362 Results from 2021, /payments
Ron Benegbi Founder & CEO at Uplinq Financial Technologies
A constant and long-standing pain-point for SMBs has been the difficulty they face in securing financing compared to their larger peers. This has been due in large part to the traditional banks considering SMBs to be both high-risk and high cost to underwrite, onboard, and serve. It has been a problem compounded by the fact that credit reporting ...
20 October 2021 /payments /inclusion Data sharing
Emily Oliveira Content Marketer at DCR Strategies Inc. | TruCash
Just tap and pay. A few seconds is all it takes to use a contactless card and make your in-store purchase. Whether you use a prepaid, credit, debit card or mobile device to tap, contactless payments save you from swiping and typing a PIN. A global study conducted by Mastercard last year found that 79% of consumers worldwide frequently use contactl...
18 October 2021 /payments
Jimmy Fong CCO at SEON
2020 may have been the Year of DeFi, but 2021 might go down as the year of Buy Now Pay Later (BNPL). BNPL services are growing at a rate of 39%, with major players like PayPal, Amazon and Square all acquiring existing BNPL companies in multi-billion dollar deals and challenger banks like Revolut and Monzo developing their own offerings. Klarna rem...
18 October 2021 /payments /crime Information Security
Shagun Varshney Senior Product Manager at Signifyd
It’s clear to see that the increased need for online shopping is here to stay, and as we enter the busy Christmas season, things are only going to get busier for retailers. And as orders increase, so does the risk for fraudulent activity. Whilst fraud does have a detrimental impact on the retailers bottom line, it is not actually the fraud itself t...
18 October 2021 /payments /regulation
Retired Member
CBDCs are important to the future of the financial industry and cooperation is needed with digital assets for success. Sibos, the world’s premier financial services event organised by SWIFT, held virtually in October 2021 has been rife with discussions surrounding central bank digital currencies (CBDCs) and their place in the future of the industry...
18 October 2021 /payments /crypto Fintech
Vivek Dubey Industry Engagement Innovation-Associate Director at Capgemeini
FinTech is a very vast and interesting domain, and with the introduction of new technologies every day it is taking huge leaps. The acceptability index of consumers giving confidence to startups to come up with the real disruptions. Improving Financial services with the help of new-age technologies and regulations is FinTech. That defines the bas...
16 October 2021 /payments /inclusion Fintech
Luigi Wewege President at Caye International Bank
The concept of digital currency is nothing new. Ideas about how to utilize this idea have been around for more than two decades. While some approaches have come and gone, Bitcoin remains. In fact, it’s an approach that has continued to attract attention. Here are some of the more common questions about Bitcoin, how it works, and what you could do i...
16 October 2021 /payments /crypto Digital Banking Trends
Richard Warren Partner at FirstPartner
Contactless payments have become a major success for the payments industry. Over the last couple of years contactless has been almost universally welcomed and embraced by UK consumers, and (perhaps more grudgingly in some cases) by merchants. Even the “strictly cash only” market stall where I buy my weekly fruit and veg got a SumUp contactless rea...
15 October 2021 /security /payments
John Bertrand MD at Tec 8 Limited
Fraudsters reported a bonzer financial 1st half of 2021 worthy of any unicorn. UK Finance recorded a 71% increase during the first half of 2021 to £355 million for APP (authorised push payment) fraud1. The first time ever APP exceeded credit card fraud. One scam in particular, fake bills to bereaved families, increased 100% in H1 2021 to £45 mill...
15 October 2021 /payments /crime Banking Strategy, Digital and Transformation
Distributed Ledger Technology (DLT) and blockchain technology are designed to serve many of the same functions. It may be difficult for those who don’t work closely with one or the other to wonder if there’s any real difference. To be sure, both technologies do have a lot in common, but it’s important to understand how each one works. Here are some...
15 October 2021 /payments /crypto Blockchain in Banking and Financial Services
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.